Price for Clothing; Parts, Knitted or Crocheted in Colombia - 2022
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Colombia (CIF) - 2022
- Price for Clothing; Parts, Knitted or Crocheted in Colombia (FOB) - 2022
- Imports of Clothing; Parts, Knitted or Crocheted in Colombia
- Exports of Clothing; Parts, Knitted or Crocheted in Colombia
Price for Clothing; Parts, Knitted or Crocheted in Colombia (CIF) - 2022
In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $11,344 per ton, dropping by -14.4% against the previous year. Overall, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2013 an increase of 23%. As a result, import price attained the peak level of $20,389 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($48,136 per ton), while the price for Ecuador ($7,622 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Clothing; Parts, Knitted or Crocheted in Colombia (FOB) - 2022
The average export price for clothing; parts, knitted or crocheted stood at $19,047 per ton in 2022, dropping by -43.2% against the previous year. In general, the export price, however, showed mild growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $40,744 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($73,424 per ton), while the average price for exports to El Salvador ($4,101 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clothing; Parts, Knitted or Crocheted in Colombia
In 2022, approx. 245 tons of clothing; parts, knitted or crocheted were imported into Colombia; with an increase of 3.1% against 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 150% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, clothing; parts, knitted or crocheted imports shrank to $2.8M in 2022. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, imports reached the peak of $3.2M, and then shrank in the following year.
| Import of Clothing; Parts, Knitted or Crocheted in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 861 | 510 | 1,313 | 1,538 | 21.3% |
| Italy | 153 | 505 | 1,310 | 641 | 61.2% |
| Brazil | 62.3 | 66.8 | 375 | 381 | 82.9% |
| China | 56.9 | 257 | 107 | 124 | 29.6% |
| Others | 578 | 29.4 | 47.2 | 100 | -44.3% |
| Total | 1,711 | 1,368 | 3,152 | 2,784 | 17.6% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to Colombia in 2022:
- Peru (197.5 tons)
- Brazil (21.7 tons)
- Italy (13.3 tons)
- China (10.2 tons)
Exports of Clothing; Parts, Knitted or Crocheted in Colombia
In 2022, approx. 19 tons of clothing; parts, knitted or crocheted were exported from Colombia; jumping by 62% against the previous year. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 176%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, clothing; parts, knitted or crocheted exports fell to $355K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 127%. As a result, the exports reached the peak of $385K, and then shrank in the following year.
| Export of Clothing; Parts, Knitted or Crocheted in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | 21.2 | 175 | 107 | 124.7% |
| United States | 111 | 100 | 89.1 | 103 | -2.5% |
| Panama | N/A | 2.0 | 16.0 | 36.2 | 325.4% |
| Costa Rica | 2.7 | 14.7 | 71.4 | 35.9 | 136.9% |
| El Salvador | N/A | N/A | N/A | 30.8 | 0% |
| Ecuador | 25.1 | 3.6 | 10.0 | 15.0 | -15.8% |
| Mexico | 18.1 | 5.4 | 9.1 | 8.6 | -22.0% |
| Chile | 8.9 | 9.4 | 2.0 | 8.5 | -1.5% |
| Others | 14.3 | 13.4 | 12.9 | 10.2 | -10.7% |
| Total | 180 | 170 | 385 | 355 | 25.4% |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from Colombia in 2022:
- El Salvador (7.5 tons)
- Costa Rica (3.4 tons)
- Panama (2.5 tons)
- United States (2.0 tons)
- Australia (1.5 tons)
- Ecuador (0.6 tons)
- Mexico (0.5 tons)
- Chile (0.4 tons)
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